Charles Schwab opens bitcoin and ether trading to US retail clients
- —Fee is 0.75% per trade, with a $1 minimum and $2 million cap
- —Transfers between Schwab accounts and external wallets are rolling out in phases
- —Paxos Trust Company handles custody, execution and settlement
- —Assets are not covered by SIPC or FDIC insurance
Why it matters: A major brokerage with millions of clients is bringing crypto to mainstream retail, widening access to BTC and ETH beyond crypto-native exchanges.
Source: ChainCatcher 链捕手